USA: Consumer morale improves


(CercleFinance.com) – American consumer confidence improved in December, according to the index compiled by the employers’ organization Conference Board.

The index published on Wednesday came out at 115.8 for the month which ended, against 111.9 the previous month, while economists expected it to drop slightly to around 111.5.

If the sub-index of consumer sentiment on its current situation remained broadly stable, at 144.1 against 144.4 last month, that on the situation to come rose to 96.9 against 90.2 in November.

Surprisingly, Lynn Franco, director of economic research at the Conference Board, notes that consumer concerns about inflation and the Covid-19 epidemic have receded despite continued pressure on prices and rising prices. the emergence of the Omicron variant.

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